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and here's what is "money" tonight. phil mickelson trying to take a mulligan for his comments on taxes. he will make drastic changes because of california's huge tax hike. what exactly does it mean? is he moving? is he retiring? sportscaster jim gray is sharing hints from mickelson as he joins us. >>> 2012 showed the biggest spike in home prices since the summer of 2006 but there is still time if you want in. we've got the surprising inside scoop what is hot and what's not from coast to coast. >>> iraq stumbles upon a billion barrels of oil they didn't even know they had. we have details whether that could be a global game-changer. even when they say it's not it is always about money melissa: first let's take a look at the day's market moment. a wild ride on wall street today. stocks reversed courses in midday trading with all three major indices ending the session in the green the dow ended up 62 points. travelers insurance reported fourth quarter results. the company still managed to post a profit despite increased claims from hurricane sandy. that is where the good news ended though. tr
know 20 so and we're giving him what, fighters jets, military equip and 1.5 billion in tax dollars. >> that's for the peace with israel as the pragmatic branch of the muslim brotherhood. >> sean: it sounds like terrorism to me. >> as long as he upholds the peace with israel, supposedly that's worth the price. >> sean: but look what happened. we get told in washington that the muslim brotherhood, they're great. now, they're against al-qaeda and all that stuff, right? the muslim brotherhood wants the blind sheik back. al-qaeda wants the blind sheik back. >> the muslim brotherhood-- >> prosecute him. the muslim brotherhood wants to impose sharia where it operates. and al-qaeda wants sharia. >> sean: i know the president has every right to celebrate tonight. and wish he and his family well, but these are real, present dangers to our country and the world. good to see you. >> good to see you. >> sean: next, i have a new hero, it seems that paying your fair share is not everyone's dream. and phil mickleson, and taxes may be out of control. and we'll tell you about the one of the world's
taxes. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ breathes deeply, wind blows ] [ male announcer ] halls. let the cool in. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >>brian: getting heat for suggesting he may make changes to his own life based on the increasing tax burden placed on successful americans especially in california. even forbes, a magazine featuring successful people, is jumping on the band wagon writing -- quote -- "mickelson should stop whining and give thanks for your good fortune." now h
is a tax credit that was part of the economic stimulus originally, he sought $500 and i think ultimately, law was less than that. that was a classic compromise that he did not get. another compromise was his promise to repeal the bush tax cuts for higher income. his goal was couples making more than 200th $50,000 or couples making $200,000 and the fiscal cliff deal did not achieve that. we rented that a compromise. let's go to fort lauderdale,. caller: with respect to not keeping a promise for negotiations with a health kicce -- i think that a somewhat wrong. i have watched the other representatives of congress on tv every day negotiating and debating and putting their facts together. the final decision between nancy pelosi and the head of the sun -- of the senate when they finally came out with exactly what the bill would be -- it was done behind closed doors. the putting together of the bills, people putting in their amendments, was actually done on cspan every day and i watched that. secondly, with respect to these people calling about taking away guns. there is nothing about taking a
. the law requires licensed gun dealers to perform these tax -- checks but as many as 40% of all gun purchases are conducted without one. that is not fair to responsible gun buyers or sellers. an overwhelming majority of americans agree that anyone try to buy a gun to the least have to prove they are not a felon or someone legally prohibited from owning one. that is just common sense. second, congress should restore a ban on military-style assault weapons and a ten round limit for magazines. when the assault rifles, when combined with high-capacity magazines, have one purpose only -- to fire as many bullets as possible as quickly as possible. these weapons have no place i our communities. a majority of the american people agree with me. finally, congress needs to make it easier for law enforcement to do its job. we should get tougher on people who buy guns only to turn around and sell them criminals. at a time when many communities have been forced to make cuts to their police force, we should put more cops back on the job and on the streets. like most americans, i believe the second
back tax do community service, prove they have been here for an extended period of time. understand some english and become assimilated. most of them would get legal stat us and be allowed to stay in the country. congressman paul ryan is weighing in. he wrote this on his facebook page. senator rubio is exactly right on the immediate to fix our broken immigration system. i support the principle he's outlined. modernization of our immigration law, stronger security to curb illegal immigration and respect important the rule of law in addressing the complex challenge of the undocumented population. eagerness to jump onboard is bipartisan. majority leader harry reid describing the prospects for immigration reform in the months ahead. >> it is going to be first thing on our agenda. the -- majority, every senate, lists their top ten items. immigration is the number one item. we are going to do immigration. they are now -- agreed tentatively on a path of citizenship which is the big stumbling block. we may be able to come up with a bipartisan bill quicker than you think. >> it is going to m
's instant opposition is not about raising taxes on the wealthy, like last year. nor is it about proposing to raise the tax cuts. this time the issue is gun safety, including universal background checks supported by nearly nine out of ten americans. the president, once again, is taking his message to the people. as did he with _#$40. >> i promise you the american people, your voices, made a difference on this debate zoosh as he did with _#my2k. >> if there's one thing that i have learned, when the american people speak loudly enough, lo and behold, congress listens. >> yesterday the white house launched _#now is the time. >> this will not happen unless the american people demand it. >> the president has a new website explaining the proposed laws. he penned an op ed in the connecticut post today, and he is planning to hit the road to sell his plan with speeches around the country. as the white house tries to engage the public, senate majority leader harry reid will try to engage the senate. in a statement yesterday reid wrote "i am committed to insuring that the senate will consider legisla
thing to vote against it when you're squandering a bill clinton surplus on tax cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about paying our bills. by the way, a lot of the bills we have to pay are things i was adamantly opposed to. i didn't wan
be in the form of tax cuts. a lot of democrats are going to hate that, but republicans like tax cuts, and we can just get everybody on board from the beginning." >> narrator: he was told right from the start the stakes couldn't be higher. >> this is the first of a series of tests. and if he failed this one, what would it say for his administration and his ability to deal with all the other challenges we're going to face? >> president obama promised the american people he would bring bipartisan solutions... >> narrator: he decided to make a symbolic gesture: he'd come to them. >> mr. obama is hoping for support from both sides of the aisle... >> narrator: take his proposal to the republicans on their own turf. >> he'll try and sell his plan to the republicans... >> narrator: he headed right for the meeting of the republican caucus. >> it's a rare day when the president goes to the capitol to meet only with members of the other party... >> hello, everybody. how are you? >> he spoke extemporaneously about the stimulus. he walked us through it probably 15 or 20 minutes, just his thought process and
. but there are enormous complexities that we have been lamenting in this, such as the tax and accounting and operational challenge. can you say more about what your thinking is in that area? >> now that i have a voice again with some water nothing that the jet lag and set me back. yes, i think that money market funds would be one of the primary issues that the commission temple. the process is obviously underway. i think that we have been preceding without too much reverence to what is going on. and i think that there is sort of a new spirit at the commission working with the staff and industry and amongst the commissioners. the consensus that we need to take some action. honestly there has been a lot of press lately about this. i have expressed my view it would be a great avenue to explore. recognizing, as you pointed out, there are taxing and accounting issues that need to be addressed but have not been addressed, despite the fact that this proposal has been about the industry for the last for five years. only counting front, i am hopeful that the commission has plenty of authority and we can actually
, the president signed into law. >> there will be no more tax-funded bailouts. period. >> years of spending added up and the debt ceiling talks of 2011 led to a budget standoff between democrats and republicans who had taken back control of the house in the mid-terms. >> is there a risk that the united states could lose its triple-a credit rating, yes or no? >> no risk of that. >> no risk. >> the debt ceiling was raised in august, the political fight and the spotlight on the count row's deficit and debt problems led s&p to downgrade the u.s. credit rating for the first time in history. >> geithner steered the major economic moves in the first term, now he's stepping down at treasury. the pick to replace him is jack lew, who has established a close relationship with the president. he is know chummy with the republicans on the hill after the debt ceiling negotiation. for that reason and other, his looming confirmation hearing could be bumpy. but if confirmed, lew will likely be dealing with the top issue in this second term, how to get the economy moving and addressing the count re's long-term fisc
at that conference yesterday. it's the new iteration of the president's campaign operation. it is a tax-exempt group. it can accept unlimited donations. it does not have to disclose its donors, although the president's new organization says it will. it says the main purpose is to mobilize support for the president's second term policy goals. this is something new. after president george w. bush won reelection in 2004, he did not have an entire campaign structure at the ready, millions of supporters strong mobilizing behind him and raising money for him to achieve his second term goals. president clinton didn't have anything like that when he was elected to a second term. no president has had an independent group do that. but barack obama now has that. his election campaign has been turned into an independent group. the chairman of the new group will be a man named jim messina. he is not exactly a political lightweight. his last job was in fact running president obama's 2012 reelection campaign. to have jim messina in charge of this thing means this is not a place where emeritus your friends to keep
tax-funded bailouts. period. >> years of spending under both parties add up and the debt ceiling talks of 2011 led to a budget attend off between democrats and republicans who took back control of the house of representatives in the midterms. >> is there a risk the united states could lose their aaa rating? yes-or-no. >> no risk. >> the debt ceiling was raised in august the political fight in the spot lighted on the deficit and debt problems less s&p to downgrade the u.s. credit rating for the first time in history. >> geithner steered the major economic moves in the first term and now he is stepping down. president obama's pick to replace him is jack lew, who has established a close relationship with the president. lew is not is chummy with republicans on the hill after the debt ceiling negotiation back in 2011. for that reason and others, his confirmation hearing could be bumpy. if confirmed, he will be dealing with the top issue in this second term, how to get the economy moving and addressing the country's long term fiscal problems. >> this is a president that is forced to grapple
on sunday shows looks like the senate might come up with a budget resolution. it includes tax increases. is that the way to solve this thing. >> no, tax increases are not going to solve our problem. ultimately what we have not a revenue problem or a tax problem although our tax code is bloated and distorted and not necessarily complex. we're not going to solve this problem through additional revenue, we'll solve it by change the way we spend money. jon: senator lee. wish you well. it would be interested to see if the balanced budget amendment makes it through this time. i have my doubts. but again, thanks for joining us today. >> thank you. >> something you probably have in your medicine cabinet right now could be a real danger to your eyesight. the brand new study linking a common painkiller to an increased risk of blindness that is coming up next. >>> plus israelis heading to the polls today. will benjamin netanyahu win another term and how the election results for our closest ally in the middle east could affect the region. >> plus what it means for an impending showdown with iran. w
and the issues we deal with in the coast and trying to tie that to the tax base and relate that both from a local regional perspective but also a national perspective. when you look at it, 30% of this nation's g.d.p. comes from the gulf coast. you look at the population increase we've had. since 1970, there has been 109% increase in the gulf coast region. the people are there, the vulnerabilities are there but also it is significant to what it provides to the nation. from the states perspective and also from the gulf we recognize that healthy ecosystems also can mean healthy economies. from louisiana, what we have taken -- what we believe is a very good first effort the addressing the vulnerabilities that exist in reducing that risk is with the state's matter of fact plan which is a long- term plan to reduce the economic significance and reduce the risk across the coast. we believe we can achieve protection for all coastal communities. it is that resource that is important. the states provide and the gulf provides to the nation, it if it is going to be afforded through the nation. we believe with
opportunity for us. because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and show real leadership and be proactive on a big spending cut proposal and medicare put proposal because he doesn't want to go there. why throw the long ball when it comes to gun control but not take a leadership role when it comes to spending cuts? >> well, he is. in the negotiations up to the fiscal cliff, the president put things on the table. $400 billion in medicare cuts. he was talking about change cpi, which -- >> you're talking about more revenue. that's not big enough on medicare cuts according to simpson-bowles and others. >> we have already done $1.7 trillion in cuts. we've do
or paying a protection tax. >> the next up for the islamic extremists were to go in and attack families, kill children and kidnap women, impregnating them, and torturing men, beheading then, and then they started attacking clergy members. >> it is amazing to see what is happening to the christians by islamic forces, christian worshippers are in a church and they would get attacked. >> reporter: rimaham says the media ignores christian persecution because it contradicts the media's perception of islam. >> if this idea gets out, that muslims are intolerant to the other, it kind of puts the struggle with israel in a different life. >> reporter: he blames the lack of attention on an anti-christian sentiment in the american media and throughout the world. >> this is something they don't want to talk about because then they will be perceived as pro-christian. but it is a human rights issue. >> this is an issue that is a major human rights issue in the world. that is not getting the attention that it deserves in the west. >> reporter: alan schneider of the a well-known jewish organization rece
and it was the wrong target. you spend $3 trillion on the budget and tax cut for the wealthiest americans and took their money to the camen islands and not in america and having huge threats and medicaid and medicare and threaten the scpeerns that is violence. number one and must commit ourselves to the ban on assault weapons. we lost about 6,000 americans in iraq in 10 years. lose 30 to 50,000 a home at home. 100,000 are injured and didn't die and the highest cost in any city is the emergency room hospitals in those cities where they're shot. [inaudible] shot by ak47's. we have a lot of role in the killing of syria. 9/11 /12 in benghazi. [inaudible] yards away. we must revive the ban on these adult suspects. i don't want to. >> >> >> deemphasize the drug culture and americans and so we have this crisis mr. mayor of plants closing when the cheap labor markets, jobs leaving, drugs and guns coming. that requires a national effort by all of us. while i reach out to you in san francisco those that hear my voice please stop the killing. please stop drug flow. please give peace a chance. in thi
. these three states -- new york, new jersey, and connecticut, threes three states pay almost 16% of the taxes collected in the united states of america. three states, 16% of the taxes. you ask the question, who suffered because of superstorm sandy? certainly our neighbors in new york and new jersey and connecticut suffered the most, but all americans will suffer if this economic engine is not rebuilt. the three states that pay nearly 16% of the taxes need this reconstruction, and so does the united states of america. all members, republican and democrat, should vote yes in favor of this legislation. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from oklahoma is recognized. mr. cole: i reserve the balance of my time, mr. speaker. the speaker pro tempore: the gentleman reserves. the gentlelady from new york. ms. slaughter: i'm pleased to yield a minute and a half to the gentleman from new york, mr. bishop. the speaker pro tempore: the gentleman from new york is recognized for 1 1/2 minutes. mr. bishop: i thank my friend, representative slaughter for yielding ti
wanted 45 cents. intel turned in 48. looks pretty good, right? part of that was due to a tax benefit. intel specsed a tax rate of 27% and got 23%. that helped a bit. gross margins came in stronger than expected at 58% where intel had guided to a mid point gross margin of 57%. but there was bad news beyond that for the investment community. for q11, intel guided to a mid point in revenue of $12.7 billion, plus or minus a half a billion dollars. and for the full fiscal year, 2013, intel said just expect low single digit revenue increases, growth margin to 60% and cap ex at $13 billion. that is a couple billion higher than wall street had expected. >> jon fortt there. we'll have more on china to come. our next guest weighs in. don't go anywhere. >>> welcome back to "worldwide exchange." china's economy rebounds in the fourth quarter topping expectationes and snapping seven straight quarters of slowing growth. the british government says there's no indication the hostage crisis is over in algeria. this as reports emerge that dozens may have been killed in the rescue operations. >>> intel
twin kerring with the tax code? >> we are going to be blinding out a series of big things. this is going to be the tough thing about it. in the first term, what you have is big things that eventually over a long period of time happen at once. president obama sat down, page and protection act into law and health care reform was done. when we look at deficit reduction, it's four or five deals, each one in endless, horrible slog through the d.c. marshes. in the second term the two things we are going to see, it does not look like we are going to see much more on jobs. the white house is not fighting hard. they have not made infrastructure a condition of moving forward. we got $600 billion in the fiscal cliff. republicans are going to make a decision to include revenues or whether or not they are going to make a decision that is better to do no more reduction over the second term. if it is what it takes to keep the president from getting more tax revenues. >> let me ask this. what i hear you saying is deficit reduction. it seems as though we have a president who is legitimatel
.c. of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ay be easy, but when you wake up in the middle of the night it can be frustrating. it's hard to turn off and go back to sleep. intermezzo is the first and only prescription sleep aid approved for use as needed in the middle of the night when you can't get back to sleep. it's an effective sleep medicine you don't take before bedtime. take it in bed only when you need it and have at least four hours left for sleep. do not take intermezzo if you have had an allergic reaction to drugs containing zolpidem, such as ambien. allergic reactions such as shortness of breath or swelling of your tongue or throat may occur and may be fatal. intermez
because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's such a shame. i think david is right because we have low debt service right now. we're paying less interest on our debt than we had in the reagan and bush administrations before because interest rates are so low. >> but they're going to go up one day. >> but not for several years. i'll say it, we should be borrowing more at 30-year, 3% terms, so we can invest in the long-term growth of this economy. this is not the time for further austerity and cuts. if we were even to consider that right now, it would be a disaster. and what we're doing right now as the president correctly said today, is actually making our economy seem more risky and hurti
these tags. he did not need to, but he is doing it. d.c. of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. [ male announcer ] staples is the number-one office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. when you spend $50 on hp ink. you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph
Search Results 0 to 49 of about 67 (some duplicates have been removed)